However, there are strategies and specific programs in place that allow Canadians to withdraw funds from their RRSP without paying tax, provided certain conditions are met. This article explores ...

Read more: 11 Financial Scams Senior Citizens Need To Be Aware Of With a certain few exceptions, the minimum age that you can withdraw from your 401(k) account without penalty is 59 1/2 years old.

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With many federal employees unexpectedly losing their jobs, now is a good time to review some essential tax rules.

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Your company's human resources department can help you explore your options. If you withdraw money from a 401(k) plan before age 59½, you may incur a 10% early withdrawal penalty along with ...

A Roth TSP: Contains post-tax contributions, which will not be taxable again when you withdraw that money. You may be able to participate in one or both types of TSPs. When considering how to save ...

Because these tax-advantaged accounts are meant to help you save for retirement, the IRS imposes strict rules about when and how you can withdraw your money. You must be at least 59 ½ and a half ...